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FS Bancorp, Inc. FSBW Home Lending — Labor And Related Expense

Other segment segments

Commercial And Consumer Banking
$8.91M+13.2%

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Other financials

Income statement

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Revenue$1.2M-96.8%
Net income$7.9M+2.7%
EPS (diluted)$1.16+39.8%

Balance sheet

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Cash & equivalents$29.7M-10.5%
Total debt$331.3M+36.6%
Total equity$319.0M+7.3%
Total assets$3.2B+0.1%

Cash flow

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Operating cash flow$52.0M+628%
CapEx$574.0K-55.6%
Free cash flow$51.4M+778%

Valuation

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Market cap$316.33M+7.1%
Enterprise value$617.87M+22.4%
P/E9.5×+0.6×

Profitability

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Net margin24.4%-1.2pp
FCF margin70%-67.3pp

Returns & leverage

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Return on equity10.8%-0.7pp
Debt / equity+0.2×

Where this comes from

Reported directly by FS Bancorp, Inc. in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The source filing: FS Bancorp, Inc.’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 3:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001437749-26-026740
INTEREST INCOMEThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Other noninterest income1,0256211,7101,552
Total noninterest income6,1505,17011,55110,296
NONINTEREST EXPENSE
Salaries and benefits15,57014,08830,42428,621
Operations2,6993,8246,0797,269
Occupancy1,9381,7803,8143,496
Data processing1,8262,1373,4204,182
Loan costs9007191,7821,267

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FAQ

What is FS Bancorp, Inc.'s home lending — labor and related expense?
FS Bancorp, Inc. (FSBW) reported home lending — labor and related expense of $2.45M in Q2 2026.
How has FS Bancorp, Inc.'s home lending — labor and related expense changed year-over-year?
FS Bancorp, Inc.'s home lending — labor and related expense increased by 23.1% year-over-year, from $1.99M to $2.45M.
What is the long-term trend for FS Bancorp, Inc.'s home lending — labor and related expense?
Over 3 years (2022 to 2025), FS Bancorp, Inc.'s home lending — labor and related expense has grown at a -7.0% compound annual growth rate (CAGR), from $9.59M to $7.71M.
What does home lending — labor and related expense mean?
This encompasses all compensation, benefits, and payroll-related costs for personnel directly employed within the home lending segment. It serves as a primary indicator of the segment's operational scale and human capital investment. Tracking this helps evaluate the segment's operating leverage and cost management effectiveness.

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